February 2016

Press Release – Snowden Lane Partners Adds International Financial Advisor, Private Banking and Lending Specialist to San Diego Team

NEW YORK, February 23, 2016 Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced that Financial Advisor Alex Arista, and Private Banking and Lending Specialist, Juan Carlos Moreno have joined Snowden Lane from Merrill Lynch.

 

Alex joins the LDR International Group, headed by Partner and Managing Director, Rick Leyva, while Juan Carlos joins the firm’s corporate team reporting to Managing Partner and President Greg Franks. Both individuals will work in the firm’s San Diego office.

 

Said Mr. Leyva: “Alex is a seasoned professional with a robust practice, and is a terrific addition to our team. His clients are of the highest quality and he’s growing his practice at a remarkable rate. We’re excited for him to be a significant contributor to our group.”

 

Said Mr. Franks: “Juan Carlos brings 20 years of experience both with Merrill Lynch and Bank of America as a senior private banker and lending specialist, as well as strong relationships, to Snowden Lane. He will be instrumental in helping our clients and financial advisors on a range of issues, linking our superior advisory services with various private banking opportunities.”

 

These new additions expand the San Diego office to six professionals and demonstrate Snowden Lane’s continuing expansion into the non-resident client market. Mr. Moreno will work with Snowden Lane’s clients and advisors to ensure seamless integration of investment solutions and third-party private banking services.

 

The LDR Group’s specialized area of focus is serving non-resident clients, providing a holistic wealth overview that encompasses investments, trust and estate and wealth transfer strategies in a prudent and compliant manner.

 

“The addition of both Alex and Juan Carlos reflect the positive momentum behind our strategic decision to serve individuals and families outside the U.S.,” said Rob Mooney, Snowden Lane’s Managing Partner and CEO. “We think more financial advisor teams will realize that a specialty boutique like ours, with proven capabilities and deep experience, can provide a superior service for clients, and is a viable alternative to the large banks that are withdrawing from cross-border business.”

 

The San Diego office, Snowden Lane’s seventh nationwide, is located downtown at Symphony Tower, 750 B Street, Suite 3260.

 

About Snowden Lane Partners

Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net worth individuals, families, and institutional clients.

Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Directors, Rob Mooney, Managing Partner and CEO, and Greg Franks, Managing Partner and President, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.

Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and affiliated broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources and financial advisor transition support to its financial advisors.